Indices closed UP .77% to 1.15%....NICE !!!!

Indices closed UP.

S&P 500 @ 2506.85, high 2509.24, low 2482.82

RSI @ 41.71

CMF @ -0,125

Internals were :

UP volume led by 2.27 to 1 in NYSE & 2.25 to 1 in Nasdaq

Advancing stocks led by 2.41 to 1 in NYSE & 1.81 to 1 in Nasdaq

Net new 52 wk lows were leading by 103 in NYSE & 104 in Nasdaq

VIX Down 10.30% @ 25.42

Oil @ $45.41

Gold @ $1281.30

Stocks which were UP 1% or more included AMD
MTCH NIU SHOP ROKU KORS ESTC SPLK
AMAT AMZN CIEN EAF MRVL NFLX
PANW TWTR NTNX LNG YELP.....

AH news...VIPS UP 4.76%, WTR UP 5.29%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE remained positive whole day on positive development between China & US on trade negotiations, there is some movement on US partial shutdown which bolstered confidence in market. Wednesday we start 2019 trading, expect inflow into equities @ these bargain levels, expecting strong action positive move in 3 days of trading in week one. 2018 ended as the-worst year since 2008.

BLOG does NOT give buy or sell.

HAPPY NEW YEAR!

Saleem

Posted in: Mixed